Industry news
The central bank will use the technical testing to decide whether issuing a CBDC is “appropriate” as cash usage continues to decline.
Financial Data Exchange managing director Don Cardinal said the narrative that the US and Canada are lagging when it comes to Open Banking adoption “is just wrong”.
The partnership will allow Bunq’s users to fund their accounts and “start spending on their terms”.
The buy-now-pay-later firm has entered a definitive agreement to acquire Returnly as the rise in returns to retailers creates additional costs.
The Open Banking platform announced the rebrand as part of its European rollout and has also been confirmed as a key partner for Open Banking Expo 2021.
Industry leaders taking part in an Open Banking Expo live panel debate, in association with Equifax, will be busting some of the myths around Open Banking as they reveal how to make the implementation leap.
The fintech intends to tap India’s “talent pool” with a multi-million pound investment over five years.
Tamara announced that the financing round, led by Checkout.com, was the largest Series A financing in the MENA region.
The new cash management solution for businesses, powered by Yapily, has been launched to the UK mid-market.
The PwC Central Bank Digital Currency Index concluded that retail CBDC projects are more advanced in emerging economies.
